Shockingly, the majority of drivers kept their policy with the same company for a minimum of four years, and almost half have never compared rates with other companies. With the average car insurance premium being $2,680, Dallas drivers can cut their rates by almost $1,766 a year just by comparing rates, but they think it’s difficult to save money by comparing rate quotes.
If saving money is your primary concern, then the best way to get cheaper Audi S5 insurance is to annually compare prices from providers in Dallas.
- First, read and learn about how companies set rates and the factors you can control to prevent expensive coverage. Many things that are responsible for high rates like accidents, traffic tickets, and a less-than-favorable credit score can be controlled by improving your driving habits or financial responsibility. Keep reading for additional ideas to help keep prices low and get discounts that may be available to you.
- Second, get rate quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give prices from one company like GEICO and State Farm, while independent agents can provide prices for many different companies. Get quotes now
- Third, compare the new rate quotes to the price on your current policy and determine if there is any savings. If you find a lower rate, ensure coverage does not lapse between policies.
- Fourth, provide notification to your current agent or company of your decision to cancel your current car insurance policy. Submit payment and a completed application for the new policy. As soon as you receive it, keep the new proof of insurance certificate somewhere easily accessible.
One key aspect when comparing rates is to make sure you enter the same level of coverage on every quote and and to get prices from as many car insurance companies as possible. This provides an accurate price comparison and a complete rate analysis.
Companies offering Audi S5 insurance in Texas
The car insurance companies shown below are ready to provide free rate quotes in Texas. If several companies are displayed, we suggest you compare several of them in order to find the lowest rates.
Audi S5 insurance statistics and information
The information displayed below outlines detailed analysis of policy rates for Audi S5 models. Learning how rates are determined is important to be able to make informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $216 | $524 | $430 | $26 | $128 | $1,324 | $110 |
| S5 4.2 Quattro 2-Dr Coupe | $216 | $524 | $430 | $26 | $128 | $1,324 | $110 |
| S5 3.0 Quattro 2-Dr Convertible | $216 | $470 | $430 | $26 | $128 | $1,270 | $106 |
| S5 4.2 Quattro 2-Dr Coupe | $216 | $578 | $430 | $26 | $128 | $1,378 | $115 |
| S5 4.2 Quattro 2-Dr Coupe | $216 | $578 | $430 | $26 | $128 | $1,378 | $115 |
| S5 3.0 Quattro 2-Dr Convertible | $236 | $524 | $430 | $26 | $128 | $1,344 | $112 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Prices do not factor in specific location which can increase or decrease coverage prices considerably.
Choosing deductibles
One of the more difficult decisions when buying car insurance is which deductible level should you buy. The tables below highlight the premium difference when you buy lower versus higher coverage deductibles. The first rate estimation uses a $100 physical damage coverage deductible and the second set of prices uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $454 | $1014 | $382 | $22 | $114 | $2,011 | $168 |
| S5 4.2 Quattro 2-Dr Coupe | $454 | $1014 | $382 | $22 | $114 | $2,011 | $168 |
| S5 3.0 Quattro 2-Dr Convertible | $454 | $908 | $382 | $22 | $114 | $1,905 | $159 |
| S5 4.2 Quattro 2-Dr Coupe | $454 | $1120 | $382 | $22 | $114 | $2,117 | $176 |
| S5 4.2 Quattro 2-Dr Coupe | $454 | $1120 | $382 | $22 | $114 | $2,117 | $176 |
| S5 3.0 Quattro 2-Dr Convertible | $496 | $1014 | $382 | $22 | $114 | $2,053 | $171 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $252 | $534 | $382 | $22 | $114 | $1,304 | $109 |
| S5 4.2 Quattro 2-Dr Coupe | $252 | $534 | $382 | $22 | $114 | $1,304 | $109 |
| S5 3.0 Quattro 2-Dr Convertible | $252 | $478 | $382 | $22 | $114 | $1,248 | $104 |
| S5 4.2 Quattro 2-Dr Coupe | $252 | $590 | $382 | $22 | $114 | $1,360 | $113 |
| S5 4.2 Quattro 2-Dr Coupe | $252 | $590 | $382 | $22 | $114 | $1,360 | $113 |
| S5 3.0 Quattro 2-Dr Convertible | $276 | $534 | $382 | $22 | $114 | $1,328 | $111 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Premium costs do not factor in Dallas location which can revise price quotes greatly.
Based on the above data, using a $100 deductible could cost the average driver approximately $60 more each month or $720 every year than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to average at least 15 months between claims, you would probably come out ahead if you choose the higher deductible. Here’s a better example of how you can decide this on your own policy.
| Average monthly premium for $100 deductibles: | $170 |
| Average monthly premium for $1,000 deductibles (subtract): | – $110 |
| Monthly savings from raising deductible: | $60 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $60 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
One important issue to know is that raising deductibles to save money results in a higher out-of-pocket expense when you do file a claim. You need to make sure you have some money saved in order to pay the deductible.
Price comparison of only insuring for liability
The diagram below shows the comparison of Audi S5 premium costs with and without physical damage coverage. The premiums are based on no claims or violations, $1,000 deductibles, marital status is single, and no policy discounts are applied.
When to stop buying comprehensive and collision coverage
There is no definitive rule to drop full coverage, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.
For example, let’s assume your Audi S5 claim settlement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, you would only receive $2,000 after paying the physical damage deductible. If premiums are more than $200 annually for comprehensive and collision coverage, then it could be time to drop full coverage.
There are some scenarios where dropping physical damage coverage is not in your best interest. If you haven’t paid off your loan, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.
Determine discounts on Dallas car insurance
Car insurance is not cheap nor is it fun to buy but there may be some discounts that many people don’t even know exist. Many of these discounts will be applied automatically at quote time, but a few must be specially asked for before you get the savings.
- Theft Deterrent Discount – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and can earn a small discount on your policy.
- Senior Discount – Seniors are able to get a discount up to 10%.
- Defensive Driving Course – Completing a class that teaches driver safety techniques could cut 5% off your bill if you qualify.
- Student Driver Training – Teen drivers should take driver’s ed class in school or through a local driver safety program.
- Discounts for Responsible Drivers – Insureds without accidents may receive a discount up to 45% as compared to drivers with claims.
Drivers should understand that some of the credits will not apply to the entire cost. Most only reduce individual premiums such as collision or personal injury protection. Despite the fact that it seems like all the discounts add up to a free policy, insurance companies wouldn’t stay in business. But any discount should definitely cut your premiums.
The information below shows the comparison of Audi S5 insurance costs with and without discounts applied to the premium. The data is based on a male driver, no claims or driving citations, Texas state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, homeowner, marriage, multi-policy, and safe-driver discounts applied.
The best car insurance companies and the discounts they provide are included below.
- Progressive includes discounts for multi-vehicle, good student, online signing, multi-policy, and online quote discount.
- SAFECO may offer discounts for drive less, teen safe driver, anti-theft, safe driver, and bundle discounts.
- American Family has discounts for defensive driver, bundled insurance, early bird, good driver, and good student.
- MetLife has savings for defensive driver, good student, multi-policy, accident-free, and good driver.
- GEICO discounts include good student, federal employee, emergency military deployment, multi-policy, anti-theft, five-year accident-free, and defensive driver.
- The Hartford may include discounts for air bag, good student, defensive driver, bundle, vehicle fuel type, anti-theft, and driver training.
When getting a coverage quote, ask each company how many discounts you can get. Discounts may not apply to policies in Dallas.
Insurance agents can help
When quoting and choosing adequate coverage for your vehicles, there is no perfect coverage plan. Everyone’s situation is a little different and your policy should reflect that. Here are some questions about coverages that might point out whether or not you would benefit from an agent’s advice.
- Am I covered if I drive in a foreign country?
- Do I have any recourse if my insurance company denies a claim?
- Am I missing any policy discounts?
- Is my business laptop covered if it gets stolen from my vehicle?
- Will my rates increase for filing one claim?
- Is my nanny covered when transporting my kids?
- Can my teen driver be rated on a liability-only vehicle?
If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.
Neighborhood Dallas auto insurance agents
Some consumers just want to get advice from a local agent and that is a personal choice. Licensed agents can help determine the best coverages and help in the event of a claim. The best thing about comparing rates online is the fact that you can find lower rates and still have an agent to talk to.
Once you complete this simple form, your insurance coverage information is immediately sent to participating agents in Dallas who will return price quotes and help you find cheaper coverage. You don’t have to find an agent on your own due to the fact that quote results will go to your email. If you need to get a rate quote for a specific company, you just need to search and find their rate quote page and complete a quote there.
Deciding on an insurance company requires more thought than just the premium amount. The questions below may impact your decision as well.
- Will the quote change when the policy is issued?
- What kind of financial rating does the company have?
- If your car is totaled, how to they determine the replacement cost?
- Are they able to provide referrals?
- Can glass claims be handled at your home?
Compare rates from both independent and exclusive car insurance agents
If you want a local Dallas insurance agent, it can be helpful to understand the types of agencies that differ in how they can insure your vehicles. Car insurance policy providers can be described as either exclusive or independent (non-exclusive). Either one can handle car insurance, but it’s a good idea to understand why they differ because it can impact your agent selection.
Exclusive Agents
Agents of this type can only provide one company’s prices like Farmers Insurance, Allstate, or State Farm. They generally cannot compare rates from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents are well trained on their company’s products which helps them sell on service rather than price. A lot of people use the same agent mostly because of the brand name rather than low rates.
Below is a list of exclusive agencies in Dallas that are able to give comparison quotes.
- Brent Holtz – State Farm Insurance Agent
3427 E Trinity Mills Rd #601 – Dallas, TX 75287 – (972) 306-1234 – View Map - Joe Pearce – State Farm Insurance Agent
9543 Losa Dr #111 – Dallas, TX 75218 – (214) 327-9315 – View Map - Jim Franco – State Farm Insurance Agent
3720 Walnut Hill Ln #203 – Dallas, TX 75229 – (214) 358-3246 – View Map
Independent Agencies or Brokers
These agents often have many company appointments so they can insure your vehicles with any number of different companies and help determine which has the cheapest rates. If you want to switch companies, your policy is moved internally which is easy for the insured. When comparing car insurance rates, you will want to include price quotes from independent agents to get the best comparison. A lot of them also have access to smaller companies which can be an advantage.
Shown below are Dallas independent insurance agencies that can give you price quote information.
- Texas Insurance Pro
2695 Villa Creek Dr #175 – Dallas, TX 75234 – (214) 717-4326 – View Map - La Familia Auto Insurance
8702 Spring Valley Rd – Dallas, TX 75240 – (972) 586-7488 – View Map - Stewart Insurance Agency
437 W 12th St – Dallas, TX 75208 – (214) 948-7600 – View Map
If you feel you receive answers to your satisfaction to all your questions and an acceptable price quote, you may have just found an auto insurance agent that is reliable enough to service your policy.
The best insurance company isn’t always the cheapest
As you prepare to switch companies, you should never buy poor coverage just to save money. There are a lot of situations where drivers have reduced uninsured motorist or liability limits and learned later that the few dollars in savings costed them thousands. The ultimate goal is to get the best coverage possible at the best price while not skimping on critical coverages.
Affordable Audi S5 insurance in Dallas is definitely available both online in addition to local insurance agencies, and you should be comparing both to get a complete price analysis. Some insurance companies do not provide online quoting and many times these small, regional companies prefer to sell through independent agents.
You just read a lot of techniques to save on Audi S5 insurance in Dallas. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding affordable Dallas car insurance quotes. Drivers may even discover the most savings is with an unexpected company. These companies can often insure niche markets at a lower cost than their larger competitors like Progressive or GEICO.
More information is available on the following sites:
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)
- Who Has Affordable Dallas Car Insurance Quotes for Veterans? (FAQ)
- Who Has Affordable Car Insurance Rates for Postal Workers in Dallas? (FAQ)
- How Much are Auto Insurance Quotes for a Nissan Sentra in Dallas? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for Retired Military in Dallas? (FAQ)
- Choosing an Insurance Company (Insurance Information Institute)
- What does Personal Injury Protection (PIP) Cover? (Allstate)